Prime Rate Advance
Prime Rate Advances are a useful funding tool and can be used to finance operational, commercial, agricultural
or home equity loans, as well as minimize interest rate risk.
PRODUCT OVERVIEW
FEATURES
• Fixed-term, adjustable-rate financing
• 6-, 12-, 18- and 24- month terms, priced at a
spread to the Prime Rate*
• Advance rate resets as Prime changes, adjusting
automatically to changing market conditions
BENEFITS
• Fund floating-rate loans and operating lines of
credit
• Mitigate basis risk and interest rate risk
*Prime as defined by the USD-Prime-H.15 as published in
Federal Reserve Statistical Release H.15.
Availability
Same day
Term Limitations
Six-, 12-, 18- or 24months
Minimum Requirement
$100,000
Interest Billing
End of month
Rates Variable/Fixed
Variable
OPTIMAL YIELD CURVE (based on rate expectations)
Inverted
Flattening
Inverted: Rates will fall and remain low for a protected period of time
USES
CIA CIA
$
QUESTIONS
PLEASE CONTACT THE MONEY DESK OR YOUR
VICE PRESIDENT/MEMBER SOLUTIONS
MORTGAGE
LIQUIDITY
AGRICULTURE
RISK
MITIGATION
CONSTRUCTION
MONEY DESK Call 800.544.3452, ext. 1013
or email [email protected]
Subject to prepayment fee if repaid prior to maturity date. Certain restrictions apply. Please reference FHLB Des Moines Member Products Policy
and Collateral Procedures.
FHLB DES MOINES • ADVANCE SOLUTIONS